The Federal Government has clarified that it has not increased the price of Compressed Natural Gas (CNG), attributing the recent hikes solely to private investors.
This was contained in a statement released on Thursday by the Brands and Corporate Communications Manager of the Presidential Compressed Natural Gas Initiative (PCNGI), Matilda Johnson.
According to Johnson, reports suggesting that the government had removed subsidies or reviewed upward the pump price of CNG were misleading and false.
The statement read in part:
“The Presidential Initiative on Compressed Natural Gas (PiCNG) wishes to address recent misleading reports suggesting that the Federal Government has removed subsidy or increased the price of Compressed Natural Gas (CNG). This is incorrect. The recent pump price adjustments announced by certain operators are purely private-sector decisions and not the outcome of any government directive or policy.”
PCNGI further emphasized that pricing matters fall under the jurisdiction of regulatory agencies, stressing that no directive has been issued by the Federal Government to alter CNG prices.
The initiative, as directed by President Bola Ahmed Tinubu, remains focused on catalyzing the development of the CNG mobility market to ensure a cheaper, cleaner, and more sustainable alternative to Premium Motor Spirit (PMS) and diesel nationwide.
“So far, through the collaboration and commitment of relevant government agencies, the sector has witnessed monumental enthusiasm and growth. Encouragingly, this progress has already attracted close to one billion dollars in private sector investment, underscoring confidence in the market’s potential,” the statement added.
Reassuring Nigerians, PCNGI noted that CNG will continue to remain significantly cheaper and cleaner than petrol and diesel, while urging broader private sector participation to deepen penetration and ensure nationwide availability.
Meanwhile, despite the government’s clarification, some motorists have raised concerns about the rising cost of CNG. On September 3, 2025, reports indicated that the price per standard cubic metre had climbed from N230 to N450, largely due to limited refilling stations and surging demand.
